Goodman Advisory Group LLC Makes New $5.14 Million Investment in Autodesk, Inc. $ADSK

Goodman Advisory Group LLC acquired a new stake in Autodesk, Inc. (NASDAQ:ADSK) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 16,595 shares of the software company’s stock, valued at approximately $5,137,000. Autodesk makes up approximately 1.7% of Goodman Advisory Group LLC’s holdings, making the stock its 22nd biggest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Flaharty Asset Management LLC acquired a new position in Autodesk in the first quarter worth about $27,000. Access Investment Management LLC acquired a new stake in Autodesk in the 2nd quarter valued at $28,000. Livelsberger Financial Advisory bought a new stake in Autodesk in the second quarter valued at $31,000. Hilltop National Bank acquired a new position in Autodesk during the second quarter worth $31,000. Finally, E Fund Management Hong Kong Co. Ltd. lifted its holdings in shares of Autodesk by 67.8% during the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 99 shares of the software company’s stock valued at $31,000 after acquiring an additional 40 shares during the period. 90.24% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on ADSK. Citigroup upped their target price on shares of Autodesk from $370.00 to $382.00 and gave the stock a “buy” rating in a report on Friday, November 28th. Robert W. Baird boosted their price target on shares of Autodesk from $367.00 to $377.00 and gave the company an “outperform” rating in a research report on Wednesday, November 26th. Stifel Nicolaus raised their price objective on shares of Autodesk from $350.00 to $375.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Barclays boosted their target price on Autodesk from $385.00 to $390.00 and gave the stock an “overweight” rating in a report on Wednesday, November 26th. Finally, HSBC decreased their price target on Autodesk from $388.00 to $379.00 and set a “buy” rating on the stock in a research report on Friday, November 28th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $369.77.

Autodesk Stock Performance

Shares of Autodesk stock opened at $297.64 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market cap of $63.10 billion, a P/E ratio of 57.68, a P/E/G ratio of 2.42 and a beta of 1.47. The firm has a 50 day simple moving average of $302.70 and a 200 day simple moving average of $303.48. Autodesk, Inc. has a fifty-two week low of $232.67 and a fifty-two week high of $329.09.

Autodesk (NASDAQ:ADSK) last posted its quarterly earnings data on Tuesday, November 25th. The software company reported $2.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.50 by $0.17. The firm had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.81 billion. Autodesk had a return on equity of 52.06% and a net margin of 16.09%.The business’s revenue for the quarter was up 18.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.17 EPS. Autodesk has set its FY 2026 guidance at 10.180-10.250 EPS and its Q4 2026 guidance at 2.590-2.67 EPS. Sell-side analysts predict that Autodesk, Inc. will post 5.76 earnings per share for the current fiscal year.

Insider Transactions at Autodesk

In related news, Director Ayanna Howard sold 917 shares of Autodesk stock in a transaction dated Monday, September 29th. The stock was sold at an average price of $325.00, for a total value of $298,025.00. Following the completion of the sale, the director directly owned 3,476 shares in the company, valued at $1,129,700. This trade represents a 20.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.15% of the stock is currently owned by corporate insiders.

Autodesk Profile

Autodesk, Inc provides 3D design, engineering, and entertainment technology solutions worldwide. The company offers AutoCAD Civil 3D, a surveying, design, analysis, and documentation solution for civil engineering, including land development, transportation, and environmental projects; BuildingConnected, a SaaS preconstruction solution; AutoCAD, a software for professional design, drafting, detailing, and visualization; AutoCAD LT, a drafting and detailing software; computer-aided manufacturing (CAM) software for computer numeric control machining, inspection, and modelling for manufacturing; Fusion 360, a 3D CAD, CAM, and computer-aided engineering tool; and Industry Collections tools for professionals in architecture, engineering and construction, product design and manufacturing, and media and entertainment collection industries.